VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech. VPC has also provided a balance sheet loan to Applied Data Finance. The company acquired these investments from private funds managed by the Company’s investment manager, Victory Park Capital Advisors. All of these investments total £ 35.5 million. Alongside these new investments, VPC stated it intends to invest “approximately £20 million in an existing investment fund managed by the Investment Manager”. The investment fund is described as investing in similar finance opportunites. No further details were available.

A growing number of institutions are investing in peer to peer and balance sheet assets. The direct lending marketplace has become an opportunity to generate better risk adjusted returns in a low interest rate environment. Recent reports have indicated several more funds will be listed in the company months with a similar strategy.

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